Some of the names on the move ahead of the open.» Read More
Nov 4- Avon Products Inc, a direct seller of cosmetics, said it would look at dividend payments with a "more critical lens" in 2016 as it expects the dollar to have a bigger impact on results. Avon also reported a bigger-than-expected loss for the third quarter, due to the strong dollar. The company's shares tumbled 14 percent to $3.70 in morning trading on Wednesday.
Markets will be laser-focused on Friday's October jobs report in the week ahead and may even look past more than a dozen scheduled Fed speeches.
NEW YORK, Sept 24- A little-known New York City investment firm and its owner were charged with fraud on Thursday by the U.S. Securities and Exchange Commission for issuing a misleading press release announcing their offer to buy 51 percent of Barnes& Noble Inc.. The SEC said the Feb. 21, 2014 statement from G Asset Management LLC and Michael Glickstein misled...
CNBC Pro highlights the top performing stocks this week and analyzes whether the good times will continue for these companies.
Avon trading was halted Thursday on reports the company was in talks to sell itself. The stock spiked when it reopened, meaning quick profit for some.
U.S. stocks closed higher, off session highs as a bounce in oil and stocks failed to completely offset uncertainty ahead of the Fed meeting next week.
*Talks with Cerberus Capital, Platinum Equity, others-WSJ. Sept 10- Avon Products Inc, which sells cosmetics door-to-door, is in talks with private equity firms about an investment through a stake sale in the struggling company, the Wall Street Journal reported on Thursday. The company is conducting an auction process for a private investment in public equity...
Sept 10- Cosmetics seller Avon Products Inc is in talks with various private equity firms to sell a stake in the struggling company, the Wall Street Journal reported. The private equity firms include Cerberus Capital Management and Platinum Equity, the WSJ said. Avon has been struggling to turn around its business as it loses representatives- the so-called "Avon...
Sept 10- Avon Products Inc, a direct seller of cosmetics, is in talks with various private equity firms for a stake sale, CNBC tweeted, citing Dow Jones.
NEW YORK, Aug 18- Avon Products Inc is seeking approval of a $62 million settlement of a U.S. lawsuit accusing the cosmetics company of defrauding shareholders by concealing its failure to stop workers from bribing officials in China to win business. The proposed settlement was filed on Tuesday with the U.S. District Court in Manhattan and requires a judge's...
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Some of the names on the move ahead of the open.
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The U.S. Securities and Exchange Commission filed a lawsuit over an alleged fake offer to buy Avon Products.
Former SEC Inspector General David Kotz sthinks the SEC should do something to protect against future Avon-like hoaxes.
A look into the fake bid for Avon, with CNBC's Eamon Javers and David Kotz, former SEC Inspector General.
Inside the process of how a fake bid for Avon Products could have been filed, with CNBC's Eamon Javers.